Latest food industry analysis
Comprehensive coverage of the food industry's latest, breaking news brought to you by just-food's leading network of international journalists.
A new Europe-wide initiative launched by leading frozen foods company Iglo Group seeks to promote how home freezing and ready-frozen food ca...
Unilever's third quarter underlying sales growth missed analyst expectations as the Hellmann's maker reported its spreads segment was still...
Danone has faced myriad issues at its fresh dairies business. The group has been squeezed by weak consumer sentiment in its largest markets,...
Nestle's sales for the first nine months of 2014 have missed analyst expectations and the investment community pointed to China as a key fac...
Against a backdrop of weak consumer confidence and falling prices, four of France's leading four retailers have, in two deals, decided to team up on purchasing. And the country's food manufacturers are not happy.
State-backed Chinese food giant Bright Food Co. continued to make progress with its "go global, bring in" ambition when it acquired a majority stake in Italian olive oil manufacturer Salov Group last week. The move is typical of Bright's international strategy as the group continues to further its agenda to grow globally and bring overseas brands to Chinese consumers. Katy Askew reports.
Frito-Lay, the North American snack business of PepsiCo, is responding to the slow erosion of its market share in a "disciplined" way, while also innovating to fend off competition from premium players,its management has insisted.
FrieslandCampina this week made two major announcements in Europe, with a plan to close a plant in Belgium but also deals to buy two Italian cheese firms. The Dutch dairy giant has, like many of its peers, struggled for growth in Europe and is busy looking to right-size its business in the region for the future.
Diamond Foods expects to return to profitability in its new financial year, pointing to the benefit of an on-trend product portfolio in the US, improved walnut supply and reduced financial costs.
After reporting a slump in Fonterra's annual profits this week, CEO Theo Spierings was at pains to tell the market the global dairy market will remain erratic. However, the head of the world's largest dairy exporter also outlined how the group plans to ride out changes in supply of and demand for milk.
Japanese seasonings and frozen food manufacturer Ajinomoto is expanding its overseas footing. The company became the US's largest ethnic food maker in the frozen category when it acquired Windsor Quality Holdings earlier this month. The deal significantly ramps up Ajinomoto's North American presence - but it is just one step on the group's path to becoming a "global speciality company". Katy Askew reports.
Companies including Nestle, General Mills and Mondelez International this week extended voluntary restrictions on how they market food to children. Ben Cooper argues the new pledges are a step forward but wonders how the World Health Organization, which has criticised what it calls Big Food, will react.
Thai Union Frozen Products has rolled out an ambitious growth plan of hitting US$8bn in sales by 2020. The seafood group has embarked on what appears to be an acquisition spree - adding Norway-based King Oscar and French firm MerAlliance brands to its portfolio. It has also been linked with canned tuna supplier Bumble Bee Foods in the US. But with analysts concerned the two European buys are "insignificant" and Bumble Bee too risky, are these the right companies for TUF?
Alibaba Group's massive IPO has underlined that the e-commerce trade in China is booming. Significantly for packaged food manufacturers, online retailers offer a way to circumvent some of the challenges of distribution in this massive market, enabling them to reach out directly to China's population base. However, the soaring popularity of such enterprises also means competition is intense. Food makers must battle to stand out in the crowded online marketplace. Katy Askew reports.
The successful completion of Alibaba Group's listing on the New York stock exchange has placed the firm - and e-commerce in China more broadly - in the spotlight. Here are just-food's top ten must-know facts on the Chinese e-tail behemoth.
Tesco seems to be lurching from one bad news story to another. The UK retailer today (22 September) admitted it had over-stated half-year profits by GBP250m. The timing of the accounting of payments between Tesco and suppliers is said to be a central factor. Four executives have been asked to go on leave while the retailer investigates. Tesco's shares, unsurprisingly, tumbled this morning.
After a challenging previous financial year, ConAgra Foods yesterday (18 September) reported on the first three months of its new fiscal period. Shares in the US food group rose as it reported underlying earnings that beat Wall Street forecasts and stuck to its expectations for annual earnings - notable after 12 months that included three profit warnings.
The over 25x EBITDA valuation in General Mills' recent acquisition of Annie's clears the path for Danone, a main rival in dairy, to pay top dollar for another innovative food business in the US, which it has targeted as a growth geography. A clear candidate is Lifeway Foods, in which Danone has had a stake for many years and which the French group could feasibly grow by three times within a few years.
In association with IRI, the just-food international basket shows the cost of a typical range of goods in eight markets every quarter. The data also outlines trends in branded and private-label pricing, as well as the volume sold on promotion.
There is a sense across a number of markets that consumer confidence is improving and the latest data from the just-food international basket, compiled exclusively by IRI, shows the total cost of a shop is, on average, increasing. However, consumers are buying more products on deal and the price gap between brands and own label is shrinking. IRI's Martin Wood crunches the numbers.
In a move to win over the health-conscious, Heinz has launched a stevia-based variant of its flagship ketchup in the UK - which has half the sugar content of the conventional sauce. But is this yet another gimmick to cool pressures from health organisations wanting food firms to take responsibility for the impact of their products on the public's health? Or will it really gain traction with the UK public, and if so, will this be the start of a whole new range for Heinz? Hannah Abdulla explores
The US accounts for the bulk of General Mills' business and, with its operations at home under pressure, the food giant has got out the chequebook to snap up local natural and organic food maker Annie's. But is it the right move? Dean Best investigates.
The proposed sale of BRF's Brazilian dairies unit to Lactalis-owned Parmalat looks set to be a win-win for both companies. BRF is focusing on improving the performance of its core meat operations and the group would leave the transaction better positioned to step up its expansion into international protein markets. Meanwhile, Lactalis will strengthen its hand in the promising Brazilian dairy sector, leaving the company well-placed as a global dairy powerhouse. Katy Askew reports.
Shares in Hilton Food Group, the UK meat supplier, took a hit today (9 September) after the company issued a note of caution about its near-term outlook. However, in the main, City analysts believe in Hilton's fundamentals.
- Why data is key to shopper satisfaction
- Interview: Premier sets sights overseas
- On the money: Spreads, ice cream top Unilever woes
- Sustainability Watch: Roberto Ciati, Barilla
- Short-termism decides Chiquita's future
- Hovis CEO Spooner leaves bread maker
- Glanbia chairman to step down
- General Mills to launch "Ancient Grains" Cheerios
- Kellogg earnings beat forecast but sales pressured
- Hershey lowers FY sales, earnings forecasts
- The Future of Retailing in the UK to 2017
- Supermarkets in China
- Pubs & Bars in the UK - Industry Market Research Report
- Consumer Trends Analysis: Understanding Consumer Trends and Drivers of Behavior in the Chinese Confectionery Food Market
- Kerry Group plc - SWOT, Strategy and Corporate Finance Report